Founded in2008, Perfect World Pictures (PWPIC) is an entertainment company based in China, engaging in the production, distribution and marketing of film and television content, content related advertising, merchandising business, talent management business as well as investment. The company produces between 800-1000 episodes of TV dramas every year. In February 2016, PWPIC announced a long-term co-financing deal with Universal Studios, which represents the first time a Chinese company directly invests in a multi-year slate deal with a major U.S studio. Besides the co-financing deals, the company pushed its global expansion into a new level by establishing a joint venture company Perfect Village with the well-accomplished global film studio Village Roadshow Pictures.